pillar/IMG-A2289509_1.jpg
1 day on Market

5507 Shannon Dr, Olds, Alberta T4H 1C2

Detached
2 + 1
3
~1683.00 sqft
$629,900
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Detached
2 + 1
3
~1683.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$374/sqft

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Description

Welcome to this well maintained 1992 bungalow nestled in a quiet, family-friendly neighborhood. From the moment you step into the large welcoming foyer, you’ll appreciate the bright, open-concept design with an abundance of windows and natural light. The sunken living room features vaulted ceilings and a cozy gas fireplace, creating a warm yet airy gathering space. Just off the foyer is a versatile office or sitting room—perfect for working from home or enjoying a quiet retreat. The spacious dining area is perfect for large family gatherings and has garden doors leading to a nice sized covered 20'8 x 15'2 deck complete with a gas hookup for your BBQ, overlooking the large south-facing backyard. The functional kitchen has an island, sunshine ceiling and corner pantry. Main floor laundry with a sink adds convenience and includes direct access to the attached double garage with in-floor heating. The primary bedroom offers a walk-in closet and 3-piece ensuite, while a second bedroom with double closets and a 4-piece bathroom complete the main floor. Gleaming oak hardwood floors run throughout the main level and continue down the stairs, adding warmth and appeal. Downstairs, comfort continues with in-floor heating throughout the fully finished basement. This level features a spacious bedroom with a pocket door leading to a flexible adjoining space—ideal for additional sleeping quarters, or hobby room, A large recreation room, 3-piece bathroom, utility room, and extensive storage options complete the lower level. Outside, the front yard faces a green space and the large back yard leads to a green space and walking path which offers plenty of room to enjoy, along with RV parking and an asphalt driveway built over concrete for added durability. Over the years, this home has seen upgrades including vinyl windows, plumbing and updated taps in the kitchen, laundry room, primary ensuite, and main bathtub. Pride of ownership shines throughout this immaculate bungalow.


Property Details

StyleBungalow
View-
Age of property1992
SqFt~1683.00 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2289509
Community NameOlds
Data SourcePILLAR 9
Listing byColdwell Banker Vision Realty

Features

Heating: In Floor,Fireplace(s),Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

Entrance

9`0" x 8`8"

Kitchen

13`0" x 11`1"

Pantry

3`3" x 4`0"

Laundry

8`5" x 5`5"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 3

Total parking spaces 5


Property History

Mar 4, 2026
ListedActive
$629,900
1 day on market
history photo preview41
Listing by pillar 9®
Property listed by Coldwell Banker Vision Realty, Brokerage
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Market Data - Olds

Geo Zone Map ThumbnailOlds

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

67 days

Compared to

2025

85 days

2024

34 days

2023

85 days

New Listings

Past 30 days

17 listings

Compared to

2025

13 listings

2024

8 listings

2023

9 listings

Units sold

Past 30 days

10 units

Compared to

2025

9 units

2024

13 units

2023

8 units

Median Sold Price

Past 30 days

$535,625

Compared to

2025

$529,500

2024

$397,000

2023

$345,000


Population and Demographics

Overview

Total population 8519
Average household income $118,876

Age (%)

0 to 19
22%
20 to 34
17%
35 to 49
18%
50 to 64
19%
65 and plus
24%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
Tagalog (Pilipino, Filipino)
3%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget